U.S. forced to draft new rule allowing U.S. firms to engage with Huawei for setting 5G standards: Report

It is common knowledge at this point that U.S. and China aren’t…

Uber to lay off 3700 from its workforce to cut losses in wake of COVID 19 pandemic

Uber, the company that took the world by force and practically invented…

Xiaomi launches ‘Mi Commerce’ platform in India to make up for lost sales

The smartphone industry in India has taken a hit due to the…

Freshworks appoints SaaS veteran Tyler Sloat as new Chief Financial Officer

Inching closer to going pubic, California based software giant Freshworks Inc. has…

Uber, Ola, Amazon and Flipkart resume regular services in orange and green zones as India eases lockdown

While the Indian populace continues to live in lockdown, the third extension…

Coronavirus hit smartphone industry records 13% decline in Q1 2020 shipments

A fresh report from research firm Canalys suggests, that the smartphone market…

Tesla shares tank over 10% after Elon Musk tweets stock price is “too high”

So we get to see this every once in a while. An…

India allows non-essential ecommerce deliveries, cab services in orange and green zones amid extended lockdown

In view of rising coronavirus cases in certain select regions in the…

Apple records increased services revenue at $13.3Bn, but iPhone sale withers

While the coronavirus pandemic tests the supply chains and systems resilience across…

Reliance Jio Q4’19-20 revenue up 26.6% on an yearly basis to $2 Billion, subscriber count at 388 million

Reliance Jio, India’s largest telecom company by subscriber base, and the biggest…

Softbank to book more loss due to an additional $6.6Bn write down of WeWork investment

It seems the WeWork pain is seemingly endless for Softbank. After already…

Twitter books loss in Q1’20, clocks 24% Y-o-Y growth in monetizable daily active usage

Twitter has announced its earnings for the first quarter of 2020, and…

Tesla reports yet another profitable quarter, shares surge despite Musk’s ‘fascist’ comment on lockdowns

Tesla posted yet another profitable quarter, a signal towards how fast the…

Microsoft posts 15% growth in revenues year-on-year, shares surge

Amid major tech earnings reported today, Microsoft is among them as well.…

Facebook posts revenue growth in Q1’20 but ad revenues decline, defers Q2 guidance

Its earnings season folks, and we have some relatively good news from…

Google-parent Alphabet beats Q1’20 earnings estimates, but warns of a ‘difficult’ 2nd quarter

Despite the growing traffic on places such as Facebook and Google, ad…

Samsung reports decline in earnings for Q1’20, expects damage to expand further in Q2

Samsung made its earnings for the first quarter of 2020 public, alerting…

VC funding in India barely passes the $2 billion mark in Q1 2020: KPMG report

It’s no secret that the world economy is reeling under coronavirus’ impact.…